Yashish Dahiya and Alok Bansal together sold a 0.8% stake in PB Fintech.

The shares of PB Fintech, the parent company of Policybazaar, will remain in focus on Monday after the company's founders Yashish Dahiya and Alok Bansal together sold a 0.8% stake for Rs 665 crore on Friday. Dahiya, chairman and group chief executive, sold shares worth Rs 455 crore, while Bansal offloaded stock worth Rs 210 crore, according to data on the National Stock Exchange (NSE). While the founders were sellers, the buyers of these shares included Goldman Sachs, Morgan Stanley, Hong Kong-based Viridian Asset Management, Kotak Securities, Tata Mutual Fund, National Pension System Trust, and other domestic and foreign portfolio investors. The transaction was executed at Rs 1,751 per share. This comes after Dahiya and Bansal sold about 1.1% stake in PB Fintech for around Rs 960 crore at Rs 1,821.50 per share back in June last year. Prior to that, the two founders collectively sold shares worth Rs 2,300 crore as part of the Gurugram-based company’s initial public offering (IPO) back in 2021. As of March 31, 2026, Dahiya held a 3.86% stake in PB Fintech, while Bansal owned 1.16%. For the January-March quarter of the financial year 2026, PB Fintech reported operating revenue of Rs 2,061 crore, marking 36% year-on-year rise, driven primarily by growth in new insurance premium collections, the group's core business. Net profit rose 54% to Rs 261 crore from Rs 169 crore a year earlier. PB Fintech share price PB Fintech shares had made a decent debut on stock markets back in November 2021, listing at a premium of 17% over the IPO price at Rs 1,150 apiece. The stock had seen a massive decline in the first year on Dalal Street, falling over 69% to hit an all-time low of Rs 356.20 apiece on NSE in November 2022. It however recovered all losses and sharply surged nearly 531% to hit an all-time high of Rs 2,246.90 apiece in January, 2025. The shares of PB Fintech have fallen over 24% since then to close at Rs 1,702.50 on Friday. The stock is, however, up more than 48% from its listing price and 74% from its IPO price of Rs 980 apiece. Live Events The company currently has a market capitalisation of more than Rs 79,398 crore and a P/E ratio of more than 117x. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless Different eras, but current rupee slide has elements of 1991 crisis Down 30% in 1 year, are AI-hit Infy, TCS still value stocks? Wafers to war: Vinay Dube on how Iran crisis is hitting Akasa Stock-linked pay for UGRO promoter raises governance concerns An unusual skill shortage that’s stalling govt’s PNG push Stock Radar: AIA Engineering hits fresh 52-week high in May post breakout; time to buy? 1 2 3

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